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Evernode Founder: No Need to Burn XRP for EVRS Airdrop

Gary Flanders by Gary Flanders
2 years ago
Evernode Founder: No Need to Burn XRP for EVRS Airdrop
  • Evernode founder Scott Chamberlain clarified the upcoming EVRS airdrop for XRP holders.
  • XRP holders will not need to burn assets to receive new tokens.
  • Evernode plans to disburse 5,160,960 EVRS tokens in the airdrop event.

Scott Chamberlain, the founder of Evernode, has clarified the upcoming EVRS airdrop for eligible XRP holders. He confirmed via X (previously known as Twitter) that these holders will not be required to burn their digital assets to receive the new tokens. Chamberlain elaborated that XRP holders who replicate their r-addresses on Xahau will be granted sufficient Xahau XRP to establish an account and set a trustline.

You won’t have to burn any xrp to claim the evernode airdrop. Cloning your r-address on Xahau will give you enough free Xahau XRP to open the account and set a trustline. You need to neither burn nor move any xrp to claim.

— Scott Chamberlain | 🏴‍☠️ 🪝 (@scotty2ten) September 3, 2023

Chamberlain provided clarification in response to a continuous discussion among XRP investors regarding their involvement in the anticipated airdrop. Chamberlain’s statement was a response to a previous post by an XRPL representative known as Daniel on platform X. Daniel suggested that the vast majority, or 99%, of those expressing dissatisfaction with B2M likely lack the technical skills to implement it on a shell, despite voicing their opinions without being the intended audience.

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Tim Hoff, a standalone XRP investor, also reacted to Daniel’s commentary, pointing out that a B2M of five XRP is sufficient to manage the receipt of the Evernode airdrop. However, he highlighted that the procedure might not be as straightforward as it appears, and the communication regarding the deployment needs to be more transparent.

Chamberlain’s update followed the initial post by Daniel and Hoff’s subsequent reply to elucidate any ambiguities or misconceptions regarding the operation. He emphasized that qualifying XRP holders are not required to burn or transfer any of their digital assets to receive the airdropped tokens.

Reports indicate that Evernode is set to disburse 5,160,960 EVRS tokens in the forthcoming airdrop event. These tokens will be allocated to qualifying XRP holders. Individuals who duplicate their addresses will be granted two Xahua XRP, covering the account reserve and fund five ledger objects. One Xahua XRP will be specifically earmarked for the account reserve, while the other will be utilized to finance the ledger objects.

Chamberlain’s elucidation is intended to eliminate misconceptions and facilitate a seamless airdrop operation in the crypto industry.

Tags: AirdropAltcoinEvernodeRippleScott ChamberlainXahauXRP
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Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

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